Which of these is a type of strategy used in a repeated game?
A) price discounting
B) advertising
C) prisoner's dilemma
D) trigger strategies

Question

Quizplus · Accepted Answer

Trigger strategies are a type of strategy used in repeated games, where a player's action depends on the past behavior of other players. If a player deviates from a cooperative strategy, the trigger strategy prescribes switching to a non-cooperative strategy as punishment.

Which of These Is a Type of Strategy Used in a Repeated